$NEWT
USDT SHORT TRADE SIGNAL 🔴
The recent sharp decline followed by minor consolidation suggests $NEWTUSDT is still under bearish pressure. A failed recovery attempt near $0.50 confirms strong selling interest. With momentum fading and no major reversal signs, this setup favors short positioning on continued weakness.
Trade Setup:
Entry point: 0.4400
Stop Loss: 0.4720
Take Profit: 0.3900
Margin: 2-3% of wallet
Leverage: 10x
Short Market Outlook:
Trend remains strongly bearish on the 1H chart with lower highs and consistent sell volume. Any upside bounce likely to face heavy resistance near $0.48–$0.50. Caution advised for bulls until structure shifts.
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buy and trade here on $NEWT